NOT LISTED FOR SALE

1801 Albion St Lincoln Heights, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $1,123,460

8 Beds
5 Baths
3,556 Sq Ft
$316/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2016

Last sale price $705,000 $198 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,257 / mo

53 Days on Market

Highlights

  • Victorian Architecture
  • Corner Lot
  • Fenced
  • Lincoln High School Rated A-
  • South Facing Home
  • 4-minute walk to Albion Riverside Park

About This Home

As of June 2016

Be a part of History...own these beautifully maintained 1890 Historical Victorian Cottages plus an old fashion Ma & Pa neighborhood store. Close to Downtown LA just north of the new and upcoming Art District. Over the years the units have been thoroughly renovated. Always passes annual City inspections! Please do not go on the property and do not disturb the occupants. Drive by only.

Last Agent to Sell the Property

Toni Vega

Engel & Völkers Pasadena Brokerage Phone: (626) 372-6900 License #00894470 Listed on: 04/21/2016

Engel & Völkers Pasadena

Co-Listed By

Wayne Rog

Engel & Völkers Pasadena Brokerage Phone: (626) 372-6900 License #01333055

Last Buyer's Agent

Rain Law

Real Estate Broker Services Inc. License #01967142

Real Estate Broker Services Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 8,308 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Victorian Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Carpet
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, trash collection, gas, electricity
  • Assessor Parcel Number 5447025031

Community Details

Overview

  • 4 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,917
  • Maintenance Expense $1,617
  • Supplies Expense $947
  • Water Sewer Expense $2,828

Property Details

Home Type

Multi-Family

Year Built

Built in 1890 | Remodeled

Lot Details

8,308 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable
  • Supplies Expense: 947.00
  • View: No
  • Water Sewer Expenses: 2828.00
  • Zoning: LARD1.5
  • Architectural Style: Victorian
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5447025031
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Laundry Features: Inside

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Level, Corner Lot, Walkstreet
  • Lot Size Sq Ft: 8308.00
  • Lot Size Acres: 0.1907

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Gas, Electricity

Multi Family

  • Insurance Expense: 2917.00
  • Lot Size Area: 8308.0000 Square Feet
  • Maintenance Expense: 1617.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 53184.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Bought by
Current Estimated Value
$1,123,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$759,304
Outstanding Balance
$750,060
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Estimated Equity
$373,400

Purchase Details

Listed on
Apr 21, 2016
Closed on
May 11, 2016
Sold by
Bought by
Seller's Agent
Toni Vega
Engel & Völkers Pasadena
Buyer's Agent
Rain Law
Real Estate Broker Services Inc.
List Price
$650,000
Sold Price
$705,000
Premium/Discount to List
$55,000
8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$385,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,140,000 First American Title Insurance
$705,000 Fidelity National Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $759,304
Previous Owner $385,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $705,000 +8.5% $198 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $650,000 -- $183 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,268 $1,140,000 $740,000 $400,000
2024 $10,462 $818,206 $696,348 $121,858
2023 $10,267 $802,164 $682,695 $119,469
2022 $9,804 $786,436 $669,309 $117,127
2021 $9,672 $771,017 $656,186 $114,831
2020 $9,764 $763,112 $649,458 $113,654
2019 $9,391 $748,150 $636,724 $111,426
2018 $9,240 $733,482 $624,240 $109,242
2016 $916 $42,404 $26,899 $15,505
2015 $908 $41,768 $26,495 $15,273
2014 $924 $338,529 $281,271 $57,258
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Toni Vega

    Engel & Völkers Pasadena

    Section Image

  • W

    Seller Co-Listing Agent in 2016

    Wayne Rog

    Engel & Völkers Pasadena

    (626) 260-8656

    20 Total Sales

    Wayne Rog
    Section Image

  • R

    Buyer's Agent in 2016

    Rain Law

    Real Estate Broker Services Inc.

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316003581

Pasadena-Foothills Association of REALTORS®

APN: 5447-025-031

California Los Angeles County Los Angeles 90031 Lincoln Heights

1801 Albion St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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